The Ridge Employability College Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09854462 (England and Wales)

THE RIDGE EMPLOYABILITY COLLEGE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2020

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D A Atkin

Mrs G M Kelly

Ms M Atkin

P A Reeves

REGISTERED OFFICE:

10b Ebor Court

Malton Way

Red House Interchange

Doncaster

South Yorkshire

DN6 7FE

REGISTERED NUMBER:

09854462 (England and Wales)

FIXED ASSETS

Tangible assets

4

41,860

36,895

CURRENT ASSETS

Debtors

7,095

46,840

Cash at bank and in hand

112,918

48,149

120,013

94,989

CREDITORS

Amounts falling due within one year

71,145

70,673

NET CURRENT ASSETS

48,868

24,316

TOTAL ASSETS LESS CURRENT LIABILITIES

90,728

61,211

PROVISIONS FOR LIABILITIES

(7,473

)

-

ACCRUALS AND DEFERRED INCOME

(22,823

)

(19,755

)

NET ASSETS

60,432

41,456

RESERVES

Income and expenditure account

60,432

41,456

60,432

41,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 August 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2021 and were signed on its behalf by:

Ms M Atkin - Director

Mrs G M Kelly - Director

1.	STATUTORY INFORMATION

The Ridge Employability College Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

All income is recognised in the financial statements once the company has entitlement to the funds, it is probable that the income will be received and measured reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance, 2% on cost and Straight line over 3 years

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Capital funding

Funding for capital assets have been deferred over the life of the asset.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2019 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2019

75,959

Additions

22,459

Disposals

(919

)

At 31 August 2020

97,499

DEPRECIATION

At 1 September 2019

39,064

Charge for year

17,188

Eliminated on disposal

(613

)

At 31 August 2020

55,639

NET BOOK VALUE

At 31 August 2020

41,860

At 31 August 2019

36,895

5.	LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital.

The liability of the members in the event of the company being liquidated is limited to one pound per member.